TELUS Corporation (TU) Receiving Optimistic Media Opinion, Based On A Study

TELUS Corporation (TSE:T) has 0.00% since August 9, 2016 and is.

Wireless revenue was $1.85 billion, which included a 7.2 per cent increase in network revenue supported by the addition of 99,000 contract subscribers during the quarter. Credit Suisse AG's holdings in TELUS Corporation were worth $7,715,000 as of its most recent SEC filing. Raymond James Trust N.A. now owns 6,854 shares of the Wireless communications provider's stock worth $222,000 after buying an additional 465 shares during the last quarter.

The P/E ratio is now 20.65 and the market value is 20.91B. Next quarter's EPS is forecasted at $0.54 and the next full year EPS is anticipated to be $2.27. TELUS Corporation's revenue for the quarter was up 4.0% compared to the same quarter previous year.

Telus (NYSE:TU) is 0.9% lower in USA trading after Q2 results where profits declined and missed expectations, though the company beat on revenues and posted solid operational numbers. The institutional investor owned 237,569 shares of the Wireless communications provider's stock after buying an additional 4,531 shares during the period. The stock's 50 day moving average price is $35.13 and its 200-day moving average price is $33.58. Bank of Montreal Can boosted its position in shares of TELUS Corporation by 14.6% in the first quarter. Korea Investment CORP bought a new position in TELUS Corporation during the first quarter valued at about $156,000. Five equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. The value of the company's investment in Telus Corporation Ordinary Shar increased from $30,682,000 to $40,515,000 increasing 32.0% quarter to quarter. UBS Asset Management Americas Inc. raised its position in TELUS Corporation by 3.3% in the fourth quarter. Finally, TD Securities raised their price target on TELUS from C$47.00 to C$49.00 and gave the company a "hold" rating in a report on Friday, May 12th. Stockholders of record on Friday, September 8th will be paid a $0.3884 dividend. This represents a $1.55 annualized dividend and a dividend yield of 4.39%.

TRADEMARK VIOLATION WARNING: This report was first published by StockNewsTimes and is owned by of StockNewsTimes. Finally, Canaccord Genuity reissued a "buy" rating and issued a $47.00 price target on shares of TELUS Corporation in a research report on Monday, May 8th.

COPYRIGHT VIOLATION NOTICE: This piece was originally posted by Rincon Hill News and is the property of of Rincon Hill News. The correct version of this news story can be read at The stock of TELUS Corporation (TSE:T) has "Buy" rating given on Thursday, January 5 by Canaccord Genuity. Telus Corporation had 12 analyst reports since August 4, 2015 according to SRatingsIntel.

Telus Corp, one of Canada's biggest telecom companies, reported a smaller-than-expected profit on Friday, as higher costs and weak growth in its wireline unit offset gains from its national wireless business.